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Why Uber is losing out to locals in Southeast Asia

By any measure, the April 2016 decision by Uber Technologies Inc. to sell its China operations to rival Didi Chuxing was a defeat. The brief but spectacular battle between the two ride-hailing behemoths had cost Uber at least $2 billion and earned it little more than the enmity of the Chinese government. The only silver lining seemed to be that ...

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Imax China needs another kind of hero

Imax China Holding Inc. has a bigger challenge than a Chinese box office in the doldrums. Barring a surprise hit or two, the Hong Kong-listed subsidiary of Imax Corp. needs a strategy overhaul to win fans. The giant-screen operator posted a 6.3 percent drop in first-half revenue to $51.6 million, sending profit down 7.1 percent to $16.5 million. That drove ...

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There’s one place the US still dominates in Asia

For all the talk of America’s decline and China’s rise, Asians still seem obsessed with events in one corner of Washington, D.C.: the Federal Reserve. This week’s meeting of the Federal Open Market Committee was the first I’d observed from Asia in 15 years. During that period, China’s economy has grown from about the size of Italy’s to surpass Germany ...

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